Untuk pengguna Gunner..saya listdownkan important notes..tapi anda boleh go through manual dia jugak..
General:
*41% of setups end at the 2nd double arc 37% at the 3rd arc, 8% at the 4th arc, 2% at the 5th arc
Gann Angles and Horizontal Square support/resistance:
*The very first impulse retracement should not close below the 1*2 Gann Angle.
*the 1*1 Gann Angle is 45 degrees and indicates a normal trend move. Price being above the 1*1 Angle should be in long positions.
*if price moves too steep (ie. outside of the 1*2 or 2*1 Angles) then it'll fall fast but also rebound fast.
*if price falls through the 1*1 Angle and comes back up to break through it, then it's a strong signal of a resumption of the UP setup.
*fib retracements when meet with Gann Angles and higher volume point to the resumption of the original direction
*you can enter right away if a horizontal support/resistance line is broken. But in the case where price breaks through on arc then it's best to wait for another candle to confirm.
*usually if a Gann Angle is broken, price may retest the Angle at a later time but it hardly breaks the Angle again.
Price behavior around Arcs and Squares:
*when price leaves 3rd arch it's 80% that it will reach the 5th arc
*new trend may start at 3rd or 5th arc
*if price rebounds from the first line of the double Arc (especially with hammer/doji candles) then it's safe to trade the possible new trend.
*if price closes inside the double Arc then most likely the next double Arc will be reached
*if price breaks a horizontal square line then it'll go toward the next horizontal square line in the direction of the trend.
*price tends to retrace or change direction on 3, 5, 8, 13th squares that it passes through.
*at the 3rd or 5th arcs, price tends to rub against it. In this situation, go with the new trend and keep scaling-in
*the timeline at each Arcs are important because they tend to influence price reversals. In uptrend you can expect local lows at those time lines.
*lost motion is when price sway in between a Gann line and thus not respecting it as a support/resistance. Once a major price breakaway you can trade with a stop loss on top or below the Gann line.
*use divergence signals and patterns like wedges/triangles to see if price is getting weaker as it's approaching an Arc and timeline.
*stop loss is to be placed at major Arcs, Angles and square lines. Continue to move stop loss at logical levels whenever a double ar or horizontal square line is broken towards the original setup.
Price behavior around Time Lines:
*important time lines are the left, right and middle of a square
*small retracements usually last 2-2.5 timelines before heading toward the main trend again
Counting candles:
*always pay attention to the number of candles starting from the original point. For example, candle 89 may end the current trend and start a new trend.
*if the 8th candle produces higher high (in uptrend), then you should buy the dips because the next reversal won't come until candle 13. Same if you're at the 13th candle, buy the breakout because you know the current trend will last at least to the 21st candle.
*use the fib series to count the first impulse wave: 1,2,3,5,8,13,21
Entry 1st square:
*in 80% of the case a small breakout of the 1st square is a fake-out (usually comes in the 2nd and 3rd (vertical) time line).
*if the arc and the down 1st square are broken shortly after the consolidation, 80% of the time it's a fake-low.
Exit this trade at the 5th time line at the latest (which is the center of the 1st square and also on the gann angle line). Then look to trade in the original direction.
*when price breaks (up) the 1st square blue arc, go long and put your stop loss on the last recognizable low in the 1st square
*enter again when price breaks (up) the upper line of the 1st square.
*if price retrace, then bounce off of the the 1*2 or 2*1 Angles (in the 1st square) then enter in the original setup direction.
Exit 1st square:
*use the fib series to take profit on the first impulse (ie. the 8th candle or 13th candle)
*Price targets 3rd or 5th arc
*the initial target for the 1st square trades is the 1st red double arc. Often times that arc won't be reached on the first try since price will retest the upper line of the 1st square. So enterring around the upper line of the 1st square is safer.
*exit the trade if price falls below the low of the starting point and use the reverse and double technique
